there will always be an attempt on money laundering regardless if its bitcoin or fiat.
its just a matter of whats easier, and actually reliable without the usual hassle. When I say usual hassle I mean like stuffing shoe soles $100 bill stacks to get money across to its destination.
so yeah, bitcoin does make it easier. But, people who do this needs to obviously mix their coins.
Topic: money laundering - page 3. (Read 3557 times)
The traceable part is the spot of purchasing. If you want to acquire large amount of bitcoin, you have to either deal with a regulated exchange or an exchanger with money transmitter license, they will verify your identity and record the transaction
Another way is to get a large mining farm and dig out clean coins, so I guess in the future the mining equipment maker would also be regulated as a money transmitter service and require buyer's id card
But anyway, money laundering have many different forms, clever criminals will always find innovative way to launder money. I think the primary goal of money laundering law is not for prevent money laundering, but give banks a right to examine all the money flow so that excessive money will not flow to undesired area, mostly for sanction reasons
Another way is to get a large mining farm and dig out clean coins, so I guess in the future the mining equipment maker would also be regulated as a money transmitter service and require buyer's id card
But anyway, money laundering have many different forms, clever criminals will always find innovative way to launder money. I think the primary goal of money laundering law is not for prevent money laundering, but give banks a right to examine all the money flow so that excessive money will not flow to undesired area, mostly for sanction reasons
Is the dirty money in BTC? If one's have to buy BTC then to sell it, that makes 2 traceable transactions, so it's doomed.
Small amounts of bitcoin is easy to launder and tough to track. Large sums of bitcoin is probably impossible to launder in one go, it will have to be split up into hundreds of smaller packets (just like fiat) and it will take time.
Bitcoin has the advantage/disadvantage (depends on your point of view) being easily tracked, but not often tracked. People think of cash as being untraceable, but that's not true. If you deal with large sums of cash, all that cash has a paper trail and various government agencies get copies of that paperwork. Just try going through customs with a large amount of cash. Withdrawing large sums from a bank and even cashing in a large number of chips in Las Vegas all involves paperwork that can raise a red flag with government agencies.
At this time, Bitcoin usually doesn't involve this paperwork. Criminals can launder money through Bitcoin for quite a while before being discovered. Once they are discovered, however, every transaction that they've ever made is on the blockchain and is easy to follow, so their money isn't clean at all.
That's where many Bitcoin criminals trip themselves up. They get away with it for a long time and forget just how easy it is to follow the money on the blockchain.
So to answer the OP's question. No, you can not launder money with Bitcoin, but you can be fooled into thinking it's been laundered.
At this time, Bitcoin usually doesn't involve this paperwork. Criminals can launder money through Bitcoin for quite a while before being discovered. Once they are discovered, however, every transaction that they've ever made is on the blockchain and is easy to follow, so their money isn't clean at all.
That's where many Bitcoin criminals trip themselves up. They get away with it for a long time and forget just how easy it is to follow the money on the blockchain.
So to answer the OP's question. No, you can not launder money with Bitcoin, but you can be fooled into thinking it's been laundered.
is bitcoin open way forward money launderer to get safe money,i asked that because its appear that bitcoins is verry hard to control or track
Bitcoin is not very hard to track. Why do you ask? If someone is after you and have enough power and incentive (say, some governmental agency), you will get caught sooner or later...
This has been discussed already
not that easy as you think, if someone go serious about not being tracked, i doubt that the government could really do something, otherwise why they have not caught yet, the guy who stole all those btc on bitstamp? and i can go on with many more examples
If someone goes serious about not being tracked and caught in the end, they wouldn't use Bitcoin in the first place. If it comes to using a cryptocoin, there are a lot of better choices other than Bitcoin. There was a thread here the OP of which was that serious to cover his steps (he was selling classified info, If I'm not mistaken). I guess anyone curious on the topic should read it...
is bitcoin open way forward money launderer to get safe money,i asked that because its appear that bitcoins is verry hard to control or track
Bitcoin is not very hard to track. Why do you ask? If someone is after you and have enough power and incentive (say, some governmental agency), you will get caught sooner or later...
This has been discussed already
not that easy as you think, if someone go serious about not being tracked, i doubt that the government could really do something, otherwise why they have not caught yet, the guy who stole all those btc on bitstamp? and i can go on with many more examples
is bitcoin open way forward money launderer to get safe money,i asked that because its appear that bitcoins is verry hard to control or track
Bitcoin is not very hard to track. Why do you ask? If someone is after you and have enough power and incentive (say, some governmental agency), you will get caught sooner or later...
This has been discussed already
I asked because my study is about that,and i know its hard to track dirty money in reality how gouvernmental agency will deal with digital.
Bitcoin is rather easy to track. Silk Road business was a cold shower for the ones thinking otherwise.
Sorry, but most people don't read all-caps texts because such texts are just retarded.
So if you want to actually say something and want it to be read, try to grow up, think before you write and, obviously, use normal text.
HEY GUSY, I'M JUST SOME 1 POSTER SCRUB MAKING SOME RANDOM TOPIC ABOUT SOMETHING THAT IS EITHER ALREADY KNOWN, OR DOESN'T MATTER, OR IS FICTITIOUS.
I DO THIS, BECAUSE I'VE GOT A SIGNATURE AND I'M TRYING TO GET THINGS FOR DOING NOTHING BUT SPAMMING. THIS IS MY CONTRIBUTION TO THE WORLD!!
THNX GUYS, INSERT BTC ADDRESS HERE__________________________________________________
I LIKE HOW THE GUY ABOVE ME IS PLAYING ALONG WITH IT 
I DO THIS, BECAUSE I'VE GOT A SIGNATURE AND I'M TRYING TO GET THINGS FOR DOING NOTHING BUT SPAMMING. THIS IS MY CONTRIBUTION TO THE WORLD!!
THNX GUYS, INSERT BTC ADDRESS HERE__________________________________________________
I LIKE HOW THE GUY ABOVE ME IS PLAYING ALONG WITH IT
is bitcoin open way forward money launderer to get safe money,i asked that because its appear that bitcoins is verry hard to control or track
Bitcoin is not very hard to track. Why do you ask? If someone is after you and have enough power and incentive (say, some governmental agency), you will get caught sooner or later...
This has been discussed already
is bitcoin open way forward money launderer to get safe money,i asked that because its appear that bitcoins is verry hard to control or track
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